Author

Topic: IOTA on the market a testcoin, a scam and only a FORK of the TRUE IOTA net (Read 485 times)

full member
Activity: 734
Merit: 109
My conclusion about the actual IOTA's on the market:

Proposal to switch the IOTA tangle from a balances-based model to an UTXO one. - https://www.publish0x.com/rhyzom/proposal-to-switch-the-iota-tangle-from-a-balances-based-mod-xggwnz

Ahhh, well. The second (?) IOTA fork.
I am curious, when join CfB to this diskussion AGAIN, to moderate it, and develop and start the TRUE IOTA-net - without any coord...!
The list about the original investors is stored in this thread also! They are ready - mostly - I believe - to support the TRUE IOTA development of CfB and to establish a new IOTA foundation, if it needed AGAIN!

The FIRST IOTA fork of David's dev-team, has at this time many issues, maybe possibilities also, maybe not a scam, but this thread belongs to CfB!
This is the thread of the TRUE IOTA development! Any other development is only a fork or a scam!

The only hope of me - the TRUE development AND later a TRUE START OF THE TRUE AND FIRST IOTA Network - of course a "little" later.
((as a TRUE investor of THE TRUE IOTA development before this actual scam-fork was started...))
This IOTA currently on the Market only TEST-IOTA's if we trying to taste it not a scam (?)
David's scam only an early FORK, I think. This thread belongs to CfB!
full member
Activity: 734
Merit: 109
legendary
Activity: 2282
Merit: 3014
I held very few Alts during the 2017 crypto winter bonanza, but IOTA was one. I think a lot of it’s hype was derived from the real world IoT explosion. IoT is changing the way we live, and it’s not slowing down anytime soon. IoT derived securities have been absolutely on fire for years now and IOTA feeds off the hype big time. It will die like 99% of Alts will.
full member
Activity: 734
Merit: 109
FYI (I changed the topics subject also):

...
----- Sorry, I must to insert this new link (the delusion is already SURE) today (February 16. 2020):
https://dailyhodl.com/2020/02/14/cryptocurrency-iota-attacked-881-million-network-paused-as-investigation-into-stolen-funds-begins/
full member
Activity: 734
Merit: 109
Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...
I don't know whether English is your native language but fact is that i have tried to follow your thread and failed to understand why you had accused IOTA of being scammers.

...And now you say they are not scammers, what happened? Did they promise you a job?

Sorry, I don't understand, what you want to ask from me. My job isn't a question here. The Thread about - IOTA is scam, or not. I posted my opinion, and the IOTA project was enough flexible to change some plans... So. Maybe don't scam. I waiting up to the end of the new developments. I posted ideas, and opinions about the IOTA project since from start (early 2016).
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...
I don't know whether English is your native language but fact is that i have tried to follow your thread and failed to understand why you had accused IOTA of being scammers.

...And now you say they are not scammers, what happened? Did they promise you a job?
full member
Activity: 734
Merit: 109
If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

I deleted it, because some changes in the development of IOTA. I got some hope...
Please read this post, below, also:

...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!

Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...
full member
Activity: 734
Merit: 109
...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!
full member
Activity: 734
Merit: 109
Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it?
bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed.

Please. I did.

IOTA is scam because IOTA isn't a DLT, but listed, managed as a DLT, since YEARs here, on bitcointalk.org at this time also. Please ADMINs, do what is to do, in  a such situation. We (community of bitcointalk.org) shouldn't scam people with scam projects as IOTA i.e. ...
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it?
bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed.
full member
Activity: 734
Merit: 109
Your title says
IOTA is a simple scam, not a P2P system.

What exactly is the point of this thread? Is it a scam accusation or just some other thread taking about weaknesses of a project?
If it's the later then i would suggest you would move this kind of thread to Altcoin discussion.

If you are to make a scam accusation in this board, then be straight to the point and not just beat around the bush.

Yes, this thread is a scam accusation, but at the start I wasn't able to decide it. Such simple. Many people hoped, IOTA not a scam.
Big companies in the EU and Worldwide hopes it also. They will get maybe (!!!) a new DLT technology later. And I see, IOTA Foundation get support from governments. Yes, later they get maybe (!!!) this new DLT technology also...

But IOTA is a simple scam, I taste it already.

It isn't a project weakness, I think, because since many years IOTA on the DLT Market, but it running with a help of a central server (the Coordinator) => it means, it isn't a DLT Project.
IOTA network at this time only a test-network, to research and develop a new kind of DLT, but not a real network of a serious DLT Project. Many early investors left the project already... I am also leaved it.
If it success to develop a new kind of DLT, then would be fair to start after the research a real-network, of course with original early investors...... I think.
The start in the middle of 2016 of  the IOTA network was only a start of a test-network.

We can buy on exchanges only test-MIOTA's since years!!!... It is a significant signal for a scam. The project should be delisted from every platform, where real DLT projects listed... i.e. coinmarketcap.com, coin360.com, bitcointalk.org should show, IOTA is a scam, ... We should consider it already.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Your title says
IOTA is a simple scam, not a P2P system.

What exactly is the point of this thread? Is it a scam accusation or just some other thread taking about weaknesses of a project?
If it's the later then i would suggest you would move this kind of thread to Altcoin discussion.

If you are to make a scam accusation in this board, then be straight to the point and not just beat around the bush.
full member
Activity: 734
Merit: 109
And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche BankHuh Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))
You do realize that this is some great nonsense you're talking here, right?
Or what else do you imply with that? What does a local transportation service share with a f'ed up bank? Huh

It isn't a nonsense. It is terrible. IOTA is a simple scam, not a P2P system. IOTA donated through EU as a DLT project. What should I say more??? It is terrible.
legendary
Activity: 2320
Merit: 1292
Encrypted Money, Baby!
And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche BankHuh Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))
You do realize that this is some great nonsense you're talking here, right?
Or what else do you imply with that? What does a local transportation service share with a f'ed up bank? Huh
full member
Activity: 734
Merit: 109
FYI

Just some "news" about IOTA:

https://blog.iota.org/simulation-study-of-fpc-5b9e8b5a6910

The real information about IOTA, as I read this article:

1.) the question in the IOTA AMA won't answered. The attack (not a byzantine attack, but only one (!) very simple attack, which one was already identified in IOTA AMA in early 2017) is remained possible.....
2.) and the REALITY also included. IOTA not a P2P system at this time as i.e. Bitcoin or Litecoin are P2P since the start of the network. IOTA is only an experiment, or a research. After some years of the start of the "REAL" IOTA network?

But IOTA is listed also in coinmarketcap.com......

(as XRP, and USDT, and ... . I know, they are also not TRUTH AND GREEN CRYPTO's as i.e. ARDOR (formerly NXT), QTUM, OBYTE, ... .
Yes, I know, coinmarketcap.com is a .com organization also - not able to live without a grant of our old, corrupt, idiot money-system.
Yes, I taste at this time, that coinmarketcap.com not more able to represents TRUTH P2P CRYPTO's anymore!)

Maybe is IOTA only a scam? Or a simple decoy for some (or only one?) big, and targeted anonymous investors in our formerly truth p2p crypto world? Maybe in Russia? Or in Germany? Or in the USA? China? ...
What are you thinking about, Durerus? Or you, Luey Forje?

I think, in the start of the REAL (and well P2P and well tested) IOTA network, we should start the REAL NET with the set of the (remained) investors,
from the last official snapshot before this coordinated REAL-SCAM IOTA network was started! We did the development real - through early investments in the ICO and investments to the IOTA Foundation.

Maybe we should do it - in a fork? IOTA Classic? Cheesy
full member
Activity: 734
Merit: 109
If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

i.e. with this foto, as a member, i.e. "Product Owner" or similar...

If you already got a such scam, please ask the team again, and if they don't deleted my photo - please post here the project and the details, what do you know already about the scam...
Many thanks for everybody.

https://i.imgur.com/EauTN2Q.png
Sorry, i have tried to read what you just wrote up the but i have failed to understand. Do you mean to say IOTA put up your profile claiming that you are part of their team?

It can be, somebody trying to scam others, "ifinta a member a project, which supports IOTA". IOTA is a scam, I am engineer, if I detected a project as a SCAM, I don't support it any more...
I think IOTA will be implemented (maybe?), as it "needed", as quantum computers will be ready to attack i.e. Bitcoin network. Up to this time many scientists (and fraudsters also) will be earn well from both projects.
Maybe more scientists working on quantum computers... Please see other opinions also about the projects:

https://bitcointalksearch.org/topic/quantum-supremacy-is-your-trade-coins-quantum-resistant-5195405

 
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

i.e. with this foto, as a member, i.e. "Product Owner" or similar...

If you already got a such scam, please ask the team again, and if they don't deleted my photo - please post here the project and the details, what do you know already about the scam...
Many thanks for everybody.

https://talkimg.com/images/2023/07/19/nablc.png
Sorry, i have tried to read what you just wrote up the but i have failed to understand. Do you mean to say IOTA put up your profile claiming that you are part of their team?
full member
Activity: 734
Merit: 109
so what is your point?

that it will be vulnerable because of enormous amounts of data?

Yes. As blockchain also. But IOTA has no transmission fee. It is possible to establish a new address(queue) with only some IOTA's.
A very cheap attack. The snapshot can reach a very big chunk of data - in some month. As I described in reddit.
full member
Activity: 248
Merit: 112
Time is money so I went and bought a Rolex
so what is your point?

that it will be vulnerable because of enormous amounts of data?
full member
Activity: 734
Merit: 109
If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

I deleted it, because some changes in the development of IOTA. I got some hope...
Please read this post, below, also:

...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!

Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...
full member
Activity: 734
Merit: 109
Just read:

IOTA is already in SEWER:

https://satoshiwatch.com/coins/iota/articles/iota-sewer-crypto-currencies-exchanges/



In short: it isn't crypto at this time, it isn't more as a server - client app, but not as cheap as a normal server - client application, but it stealing from the European People EARNS from the EU (and this is ONLY one grant) a little donation:

20 000 000 EUR (sorry - it is "THE OWN REVENUE STREAM" of the IOTA Foundation. Beautiful. Congratulation. Such a development need's no support through crypto exchanges, I think, it is a truth.)

https://blog.iota.org/green-light-from-the-eu-commission-for-iota-and-the-european-smart-city-consortium-cityxchange-f7928aef33ac



The Project should be already started. Or? Based on IOTA? Ahhhh. And IOTA has the Coordinator? Ahhhhhhhhh. But yes. EU has a Coordinator also. Or? A well payed Coordinator, I think.
newbie
Activity: 7
Merit: 0
This is a nice summary from @ifinta about the pitfalls of IOTA. Nice work man, keep it up$.
legendary
Activity: 3276
Merit: 2442
Centralized piece of shitcoin. Don't hesitate to say it, that's uh scam.

These are well known information by the way. People just don't care as long as their shitcoin makes them money.
full member
Activity: 734
Merit: 109
But maybe succeeds: Coordinator will be stopped, and IOTA DB remains consistent. ((What an amount token in which value in danger???  $777 845 985 USD at this time... IOTA Marketcap today... ))

Then should be succeed to do automatically snapshots.
And THEN will be possible to do a very simple attack agains IOTA net, as I described it on IOTA AMA on 17 Juni - 2017 ... Before i.e. Bitfinex start.

https://www.reddit.com/r/Iota/comments/6hugtq/ask_us_anything/dj19ss8?utm_source=share&utm_medium=web2x

full member
Activity: 734
Merit: 109
Just read:

https://www.businesswire.com/news/home/20190528005495/en

It will be succeeds AFTER SOME YEAR's on the DL Market to remove a central server? As the BEST Solution for DLT?Huh ((Maybe... They doing the job. Hopefully...))
It was MAYBE a PRERELEASE on the market Cheesy Huh? With many pre-pre Announcement?Huh

And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche Bank??? Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))



from https://twitter.com/durerus/status/1157759038442168320

----- Sorry, I must to insert this new link (the delusion is already SURE) today (February 16. 2020):
https://dailyhodl.com/2020/02/14/cryptocurrency-iota-attacked-881-million-network-paused-as-investigation-into-stolen-funds-begins/

----- Sorry, I can publish my conclusion already (the IOTA's on the maket only test-coins, a scam and only a fork of the true IOTA development - March 8. 2020):
https://bitcointalksearch.org/topic/m.53985247
Jump to: